LIC Scheme: Deposit Rs 45 daily and get Rs 25,00000 on maturity, this is the calculation – ..
Savings plans of Life Insurance Corporation of India (LIC) are very popular in terms of both security and returns. In this, policies are available on the basis of every age from children to elderly people and women, in many of these you can deposit a big fund even by investing small amount. One such scheme is LIC’s Jeevan Anand Policy, in which you can get Rs 25 lakh by saving just Rs 45 daily. Apart from this, many other benefits are also available in this LIC scheme.
Small savings, big profits
If you want to raise a big fund for yourself at a low premium, then Jeevan Anand Policy (LIC Jeevan Anand) can prove to be a great option. In a way, it is like a term policy. You can pay the premium as long as your policy is in force. In this scheme, the policyholder gets not just one but multiple maturity benefits. In this plan of LIC, a minimum amount of Rs 1 lakh is assured, whereas no maximum limit has been fixed.
How to get Rs 25 lakh by depositing Rs 45?
In LIC Jeevan Anand Policy, you can get Rs 25 lakh by depositing around Rs 1358 every month. If we look at it accordingly, you will save only Rs 45 every day. However, this policy of LIC is seen as a long term plan. Its policy term is 15 to 35 years. That means, if you save Rs 45 daily and invest under this policy for 35 years, then after the maturity of this scheme, you will get an amount of Rs 25 lakh. If we look at the amount saved by you on an annual basis, it will be around Rs 16,300.
You will get this amount with bonus
If you invest Rs 16,300 every year for 35 years in this policy of LIC, then the total deposit amount will be Rs 5,70,500. Now as per the policy term, the basic sum assured will be Rs 5 lakh, in which after the maturity period you will be given a revision bonus of Rs 8.60 lakh and a final bonus of Rs 11.50 lakh. Bonus is given twice in LIC’s Jeevan Anand policy, but for this your policy should be for 15 years.
This plan also includes these benefits
The policyholder taking Jeevan Anand policy does not get the benefit of any tax exemption under this scheme, but in this you get four types of riders. These include Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider. Talking about death benefit, if the policy holder dies due to any reason, then the nominee will get 125 percent death benefit of the policy.
